The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-10-05
+ PROTECTION IN ENGLAND.
Tho Demand Madc Before tho Iron M
Steel Institute for Duties on Iron.

l
Tho most remarkable plea yet made 70,
Protection Ia England was presented q!
tho annual meeting OF tho British Iron and
steel Institute, held in Manchester, in tho
address Of the presidsn!, Mr.. D. Adamsou,
u prominent Eugliah iron manufacturer,
who urged Protective duties In Language
not heard In the English trade for half a
century. He said: .lg.ffF5 mi -.
| Since our last meeting in May this wear
the commercial aspect which 10 seriously
Affected tho iron and steel trades shows q
somewhat moro cheerful prospect, but be.
fore trade becomes fairly and reasonably
remunerativa to the capitalist and owner
OF works q further considerable improve
ment will have to take place. How thie
IL to he brought about I am afraid no
strong evidence exists, unless we place
our hopes on further DEVELOPMENT OF
railways in India, with a new extended
application in Burmsh and China. But
supporting such does take place In the
near future, England must still be under
great disadvantages by the relative t.ad.
Ing position sho occupies when com pared
with tho larger atatea OF Europe and
America. To illustrate this position may
Invite you to examine with me ono ain.
gle mercantile transaction that NAV and
doea take place between this country and
Belgium in'particular, but which has also
It's influence on other countries? Take
one illustration OF merchant buying, say
1000 tons Of wrought ircn or stcsl pirdera
from our friends at Middlesborough.
on.Tees, either TO ba used there
or delivered into MANCHESTER. To
talfly compare our position, X pre-
sume i tho name merchant purchaaes
LOGO tons Of Belgian girder iron or steel
for Importation into London or Msnches.
Yer. The money value Of this i 900 tons
81 strder metal va will put down IS G5, 600.
The home manufacturer in the production
OF 00o tons OF iron and steel Is bound BY
the Laws OF the land to contribute large
sun fol. imperial tsxes toga,d the e90.-
CoO.o00 now annually required to carry on
the, government of this country. This
same manufacturer has further to contrib.
ute for domestic or local taxation another
large amount, called for under the direc.
ton OF some corporate body or locsl board.
The merchant, however, orders this I 090
tons OF girder metal from Belgium for, saw,
$3.50. Thus the trade 10 given to a for.
eign country, bat in addition the foreign
manufacturer or the merchant, O, both.
pocket the difference that the homo pro.
ducer has been compelled to nav In taSeg
on the LOCO tons Of natal, thereby placing
Grea. Britain and the British iron master
10 disadvantage equivalent 10 c consid-
efapio item OF profit; whereas In no form
or shape does tho Belgian ironmastsr pay
cns iarthing toward the taxes REQ uired to
carry on the commerce and government
OF the country. where he has found mar.
kes. ( "a ,Sz s..li57 "a -
THE EVIL OF FREE TRADE IN TIE HOME
g,4.. MARKET. .Ei5
90 long as We tax ourselves for the ben.
ehe Of foreign producer, and pay all the
coas incident to the carrying on of our
country, and enable the merchant to i'm.
port manufactured goods ats creator profit
than he could realize by puraheeing at
home, go long will our great trade remain
depressed, and our foreign competitor re-
]olce, OF cur want Of foresight This OPP
preston on the local or home manufac-
tnrer operates in every direction sgainst
tho prosperity OF the country. Tho same
argument will apply to all manufactured
goods imported Tree, and 1t ia OF serious
| import whether q more accurate adjust
ment OF the commerce OF the country lie
not only practicable, but In reality m in
] diapeEsGble condition. In what wGy, q
lair balance should be struck between the
home and the foreign producer is . uues-
lion more for the Legislature than the
Iron and Steel Institute. Having ssid 80
muchSI will leave the matter, simply
pointing out that the interests OF the mer-
chant and the manufacturer do not liz in
parallel lines, and whila he that does least
gets the largest amount OF profit, no that
does most may be said practically to re-
celye little or none-a condition that is
neither agreeable or desirable, and the
sooner it il 1ectfled tho better Tor the sta.
pie trade We represent. w. ~ \.
THE ENGLISH IMPORTER WILLING TO RUIN
THE HOME MANUFACTURER. NJ NJ,
No doubt the merchant will he ready, to
cxciaim that the country would be worse
OIL II It had to psy more money. But the
country would be better of by saving this
profit; and il, Tor instance, the imported
metal paid lts share toward carrying on
the state, plua the amount necessary, for
collection, the Britinh and foreign manu-
lecturer would then more nearly be on q
par IN thin country. Looking at this mat
TER all round, it does not appear. to me to
be just business foz Esgishnen to pay
the coat Of carrying on the state for the
benefit OF our neighbors OIL the Continent
and in America. Presuming that active
measures arc continued TO be taken for
The promotion Of more technical instruc.
ton and higher education Of the youth Of
our land and the game paid for by
imperial Parliament, what advantage
would this conler on Ii England
II the. capitelists and far'seeing
manufacturers Interpret the tDigDa Of the
times and instead OF laying out their
money hero are induced to invest it in,
aay. America? What advantage will 1t be